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#451155 - 03/09/16 06:52 PM Agent thoughts re Dual Agency, and signing of a related form
timothy1 Offline
Member

Registered: 03/19/11
Posts: 20
Loc: California
I'm interviewing three local listing agents to help me sell my San Francisco home, as per an earlier thread:

http://www.agentsonline.net/forums/ubbthreads.php/topics/450861/A_fair_shake_for_listing_agent.html#Post450861

I'd prefer to work with an agent who reps me and only me. If I understand correctly, that means that my agent won't simultaneously rep a potential buyer of my home, and also that I won't field offers from buyers' reps from the same firm.

Example: I hire Laura Lister, with Listamundo Properties. I won't consider offers submitted by buyers repped by other Listamundo agents.

All three candidates said they prefer not to be dual agents, but all three sent what looks like a standard C.A.R. form:

http://www.websitebox.com/file/14570/Disclosure_2_Regarding_RE_Relationship_Selling_Firm_to_Buyer_-_1112_ts60875.pdf

that I interpret as a consent to dual agency.

I want to specify that my listing agent won't represent me in a dual agency, period, and add words to that effect in the docs I sign. Am I out of line? Not getting something? Please let me know!

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#451164 - 03/10/16 05:50 AM Re: Agent thoughts re Dual Agency, and signing of a related form [Re: timothy1]
Bigtoe Offline
Major Contributor

Registered: 10/14/07
Posts: 2220
Loc: Outer Banks
Make sure you pick an agent from a really small firm, otherwise it will be too hard to enforce amognst all the agents. You see, when an agent with your agents firm shows buyers around they usually are working as buyer agents, which would make them and your agent dual agents on your house.

you need a one or 2 person company.
_________________________
Your Outer Banks real estate agent. Helping people buy and sell OBX real estate since 1989.

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#451169 - 03/10/16 08:48 AM Re: Agent thoughts re Dual Agency, and signing of a related form [Re: Bigtoe]
timothy1 Offline
Member

Registered: 03/19/11
Posts: 20
Loc: California
Thanks, Bigtoe! That's what I was afraid of, in a way. All three of my prospects are with big agencies.

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#451174 - 03/10/16 10:58 AM Re: Agent thoughts re Dual Agency, and signing of a related form [Re: timothy1]
MOMO Offline
Member

Registered: 03/02/13
Posts: 404
Loc: USA
If the offices offer Designated Agency then all agents in the office/brokerage would not be in a Dual Agent position...only the Listing Agent.
I was in an office that offered Designated Agency for about 8 years and really liked it..this agency had the most Realtors of any office in our area...the office I am in now does not offer Designated Agency and I hate being a Dual Agent just because the contract is with someone in my office.

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#451187 - 03/10/16 07:03 PM Re: Agent thoughts re Dual Agency, and signing of a related form [Re: timothy1]
timothy1 Offline
Member

Registered: 03/19/11
Posts: 20
Loc: California
Thanks, Momo. I'll ask the agents about Designated Agency.

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#451399 - 03/18/16 06:02 PM Re: Agent thoughts re Dual Agency, and signing of a related form [Re: timothy1]
lanna Offline
Member

Registered: 05/28/12
Posts: 44
Loc: Arizona
I think you are confused. The disclosure does not bind you to an agency relationship, as you have assumed. It simply explains your options and the legal implications of the relationships. Please read it again.

You're not out of line, you are simply doing what is unnecessary. these potential agents should have explained this to you clearly, but apparently they don't understand the law of agency very well.

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